Specialized Fields in Accounting, Accounting, and Book-Keeping

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Specialized Fields in Accounting, Accounting, and Book-Keeping

Written Assignment (30%)

Task assigned:

Accounting plays a vital role in running a business as it is the language of business. It is the system of recording, summarizing, and analyzing an economic entity’s financial transactions. As a result of economic, industrial, and technological developments, different specialized fields in accounting have emerged.

  1. Discuss any FOUR (4) specialized fields in accounting. You should engage an appropriate level of research and related examples.
  2. Summarize the differences between accounting and book-keeping. You should engage an appropriate level of research and related examples

                                                                                                          (Total: 100 marks)

 

Note:

Refer Appendix 1 for the marks allocation.

 

The total marks for this assignment is 30% of overall assessment for this module.

 

 

* The detailed marking criteria’s for the allocation of 100 marks is provided in Appendix 1

 

LENGTH REQUIRED

2000 words +/- 10%.  Any deviation from this will be penalized.

 

FORMATTING AND LAYOUT
  • A Microsoft Office Word Document or other relevant applications as permitted by module lecturer/ typed using computer. Usage of typewriter or hand – written is STRICTLY not allowed.
  • 12 font size, Time New Roman font and bold title and sub titles
  • A4 sized paper
  • Fully justified alignment
  • 1½ line spacing
  • Margins of 1” at top and bottom; left and right

 

Appendix 1: Marking Criteria for Written Assignment

No.

 

 Assessment Criteria Weightage Marks Allotted by Lecturer
Questions

 

  

Introduction

Give an overview on accounting.

 

  

10%

  

 
   

Discuss any FOUR (4) specialized fields in accounting.

 

  

40%

  
   

Summarize the differences between accounting and book-keeping.

 

  

20%

  
  Conclusion

Discuss the importance of accounting in business

 

 10%  
Others Presentation of the analysis:

·        Appropriate citation and references.

·        Style and readability including proper organization of answers.

·        Overall presentation.

·        This coursework must have Cover Sheet, Table of Content, Page Number, Proper Heading/Title for each part answered, list of references (Use any referencing system that is suggested by the faculty)

  

5%

5%

 

5%

5%

 

  
   

Total marks

  

100%

 

  

 
   

Overall Marks

  

30%